EMPIRE RESORTS INC 4
4 · EMPIRE RESORTS INC · Filed Dec 29, 2014
Insider Transaction Report
Form 4
SIMON JAMES
Director
Transactions
- Exercise/Conversion
Option to purchase Common Stock (right to buy)
2014-12-23−8,333→ 0 totalExercise: $6.90Exp: 2015-01-03→ Common Stock, $.01 par value per share (8,333 underlying) - Exercise/Conversion
Common Stock, $.01 par value per share
2014-12-23$6.90/sh+8,333$57,498→ 82,196 total - Sale
Common Stock, $.01 par value per share
2014-12-23$7.62/sh−8,333$63,533→ 73,863 total - Sale
Common Stock, $.01 par value per share
2014-12-23$8.01/sh−1,988$15,920→ 71,875 total
Footnotes (4)
- [F1]The exercise of an option held by the reporting person and the sale of the underlying shares were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person as of November 12, 2013.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in more than one transaction at a price ranging from $7.84 to $7.7135, inclusive. The reporting person undertakes to provide to Empire Resorts, Inc., any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in more than one transaction at a price ranging from $8.013 to $8.00, inclusive. The reporting person undertakes to provide to Empire Resorts, Inc., any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F4]The option was fully vested as of October 4, 2010.